Midwest Housing Initiatives Inc

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 67%)

Midwest Housing Initiatives Inc has received a two-star rating from Charity Navigator, indicating the organization has room for improvement in its financial accountability and transparency. While the organization has a high program expense ratio of 99.56%, suggesting that it efficiently allocates funds towards its mission, it struggles with various governance and transparency metrics, such as the absence of key financial statements on its website.

The organization boasts a fully independent board, with 100% of its members meeting this criterion, reflecting a solid governance structure. However, the lack of a conflict of interest policy and missing documentation for financial practices raises concerns about oversight and accountability. The organization also has not made its tax form available on its website, which could limit public trust.

Despite these limitations, the absence of material diversions of assets indicates a level of integrity in financial management. Overall, while Midwest Housing Initiatives demonstrates commitment to its programs, enhancing transparency and governance practices would significantly strengthen its standing and effectiveness.

This AI summary has been generated from information found on Charity Navigator.

Midwest Housing Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Housing Initiatives Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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